Amir outlines Idaho reserves
Drilling on about 100-ft centres has outlined eight million tons of potentially economic heap leach reserves at Amir Mines’ Buffalo Gulch and Friday properties, in Idaho. The reserves grade from 0.03 …
News
Balcor drilling Manitoba claims
Some encouraging drill results have been reported from Balcor Resources’ Lasthope property, 15 miles southeast of Lynn Lake, Man. The latest results included 8.5 ft of 0.307 oz gold per ton and 9.3 ft…
Editorial China co-operation could backfire?
There could be both good news and bad news in a new federal initiative to strengthen the links between this country and the People’s Republic of China, in the mining sector. Minister of State for Mi…
Gold fever continues
Everybody’s favorite metal, gold, continues to seek new levels, with the price soaring this past week to the $440-$450(US) per oz range. With a weakened American dollar and the announcement of a highe…
Eastmain and others have spent $3.3 m
More than $3.3 million has been spent by Westmin Resources and joint venture partners Eastmain Resources and MSV Resources on their East Main River properties since 1983. The area is located in northe…
Batle Mt. plans a Canadian office
Battle Mountain Gold has a problem. With a steady cash flow, healthy profits and no debt, the Houston-based gold producer is trying to decide where best to spend its growing cash reserves. It could be…
Northern Dynasty lists on TSE
The common shares of Northern Dynasty Explorations were posted for trading on the tse on April 10. The company is listed in the mining category with 5,437,500 common shares, of which 5,125,000 shares …
Muscocho, Flanagan deal with Greenstone Resources
Two Toronto-based mining companies, Muscocho Explorations and Flanagan McAdam Resources, have entered into an agreement with Greenstone Resources whereby they may jointly acquire up to a 50% interest …
Fast pace at Duport by Cons. Professor
Underground driling will continue at a fast pace at Consolidated Professor Mines’ Duport gold property near Kenora, Ont., reports President G. R. Cunningham-Dunlop. The underground program will includ…
Average yield (April 20, 1987)
The average stock yield on mining stocks on the tse as compiled by Moss, Lawson & Co. on prices of March 20 were down 0.07% from the previous week to 1.28%. Last month this group yeilded 1.52%. One ye…
Sunmist acquires exploration properties
Sunmist Energy ’86 has acquired 53 claims in Brackin Twp., Ont. The claims are held under option by Canreos Minerals which has the right to earn a 60% interest in the ground by spending $300,000 on ex…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (April 20, 1987)
April 14 April 13 April 10 April 9 April 8 Gold London Bullion Dealers afternoon (morning) $US per oz. 442.40(440.25) 435.90(436.50) 431.60(432.30) 421(421.50) 420.50(423.20) Gold Bank of Nova Scotia…